Transition planning is multi-faceted. There’s the business, the land, and the emotions to deal with; and figuring it out is contingent on the owners’ willingness to start a hard conversation. For farm businesses, often rooted in a family ownership, this means the parents must first have the initial discussion says Merle Good of GRS Consulting,… Read More

Are you farming year-to-year, or looking five, 10, or even 20 years out? Edgar Hammermeister, with Western Ag Professional Agronomy, says that solid, long-term crop planning is one key piece of the long-term viability puzzle of any farm, but one that often gets dropped when short-term economics or challenges arise. For Hammermeister, long-term crop planning… Read More

The federal government has opened the application process for the first Canadian Agricultural Youth Council. In a press release, Agriculture and Agri-Food Canada says the Council will identify new and emerging issues, enable on-going dialogue on challenges and opportunities, share information and best practices, and provide advice on the strengths and weaknesses of policies and… Read More

You might think that how your parents treated you growing up has little to do with what kind of employee or manager you are (yes, even on the farm), but in fact, parenting has a profound impact on how we interact in the workplace. Everything from how we dress and present ourselves, to our priorities,… Read More

Farmers will hear much talk of the need for resilience in the years ahead. From weather and markets, to trade, to family and managing day-to-day operations, farmers need to be able to cope with the challenges and setbacks that are routinely part of production agriculture. No one personifies resilience more than Springfield, PEI, dairy farmer… Read More

Why do family farm businesses fail? Quite often it’s not economics but rather family governance issues and relationship problems, says farmer and business consultant Dick Wittman. Many farms fail because operators don’t run the farm in a professional manner, says Wittman who learned plenty of valuable lessons managing a family-operated 20,000 acre crop, cattle, and… Read More

In a spin on ‘walk before you can run,’ Kristjan Hebert says that farmers need to focus on the data they already generate before thinking about large-scale data collection. Hebert, managing partner of Hebert Grain Ventures, says that farmers need to focus on understanding their own numbers such as debt servicing ratio and access and… Read More

For 20 years, Len Davies has been helping Canadian farm families develop and implement farm succession plans. Over two decades, Davies and his Ontario-based Davies Legacy Planning Group have helped 600 farm families navigate the succession process. Farm Management Canada acknowledged Davies’ efforts by awarding him the 2019 Wilson Loree Award at its recent Agricultural… Read More

We’ve seen results from an early-campaign survey on what Canadians are worried about in regards to food, and we’ve heard from each of the four main parties heading into this federal election. But what I want to know is, what are YOUR priorities, Canadian agriculture? As media, I watched the debate, I interviewed Sylvain Charlebois… Read More

When a farm business transitions from one generation to the next, there’s a laundry list of technical things to do — business structure changes, estate planning, loans, and insurance. But there’s more to farm succession than just the technical aspects, and Farm Credit Canada (FCC) has created a new role within the organization to help… Read More

 

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